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Looks like another POS japanese bass. I wouldn't buy it, unless you plan on doing a full setup (fretwork, lots of truss rod adjustment (If it has an adjustable truss rod), probably rewiring) I wouldn't mess with it if I were you, you could get a Teisco with similar looks and better playability for cheaper.
I could be wrong though, but the vintage Yamaha's I have played are more like planks with strings than basses IMO IME
It depends on the price. That's a few years before the BB series, so it has a "funky" vibe. If the neck's OK it could be something different. Judging from the rig and broken string it's probably a "sitting under the bed" special and hasn't been played in 30 years.
After reading the ad:
It needs a replacement nut (the ivory) and a new set of strings but not a bad deal for $150 CDN.