I bought a cheap hybrid at Canadian Tire a few years back. It was on sale for 50% off and I had points to use up, so I paid almost nothing for it.

It needed the usual adjustments after a while, brakes etc. I got a couple of seasons out of it before a major issue, and that wasn't an expensive fix; the LBS had said they had seen this a lot on this model, it was a premature issue with a cheap bottom bracket, but it was not expensive to fix. My son still rides it, and enjoys it.

You can easily learn to adjust the brakes and derailleurs, replace tubes and tires etc.

I'd say ride it and see if there are any issues. If so it may just need a tune up by someone knowledgeable.