I inherited this bike with plans of fixing it up, but the frame is too small for me. It is probably best suited to someone under 5"8. As it is, you can definitely ride it (I took it out to Etobicoke today. See pictures), but it could use a bit of love. The breaks should be tightened, and the derailers could be adjusted. Plus the handle bars are rusty. They could use some new tape.
If you know your way around a bike, this little thing could be yours.
I believe the brand is 'Free Spirirt'.