I have a 1984 model.
I put a new Garrott Bros p77i on it a year ago, and it sings pretty sweetly.
IMO - Either move it and the LPs on, or consider an upgrade.
I got a whole box of parts from Wisconsin… new tone arm, new board to put it on, etc.
It is a bit of money just in the TT, and the arm and cart add more.
If you change the phono stage then it just adds even more.
Sort of depends on the enjoyment you get from it, so either at least add a cart. Fix it up, or dispose of it.
The cart alone was, in retrospect, a great value and may be all you need to get most of the way to enjoyment. But it still needs set up.
Which arm is on there? And what is the spindle distance?
I may have an extra arm board.