It looks to be in very good condition, though it's possible that it's been recently refurbished and the quality of that will depend on the skill and commitment of the refurbisher.
It has a quick change toolpost (QCTP) which allows pre-set cutting tools to be swapped quickly and repeatably.
From the holes in the stand, it looks as if an on/off or reversing switch has been removed, so its wiring appears to be incomplete. That'll need further investigation and I know very little about how to sort that – there are others on here with comprehensive knowledge on that.