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I bought this boat in May of 2020. The ad is somewhat misleading as to how extensive the water damage in the cabin was. We ended up completely gutting the interior, and rebuilding the cabin with brand new everything.
The wiring was, as one might expect on a 35 year old boat, a bunch of mangled spaghetti, so ALL the wiring has been removed, and a brand new electrical system has been installed, including new 120V ->12V converter, 12V -> 120V inverter, charger, house battery bank, 2 120V breaker panels and 2 12V breaker panels, galvanic isolator, new lighting, new kitchen appliances, new helm and electronics.
The galley has been equipped with granite and corian countertops, and the wet-head has been rendered completely waterproof on the inside (something that was not the case from the factory in 1986) This boat is now brand-new on the insde, with the original beautiful lines of the 1980's era cruiser.
The engines were able to start when I bought it. Have not yet had a chance to get to work on tuning, etc., but I assume they will work again.