These are pretty reliable old machines and very well made. I've got a couple of similar models I'm going through too.
The good thing is yours powers up!
You'll want to open it up and take a peek inside to get your bearings. You'll see the parts are quite modular inside and everything connects up. Don't be afraid, you'll see the main board, the power board (I'll call it that) and the print mechanism, with the console (the button panel).
You'll need to set aside a day, as it's your first one. Open it and give the parts a good cleaning as you go, dirt plays havoc on the mechanism so get rid of it.
At this stage I'd be wanting to check everything is connected up correctly, so I'd unplug all the connectors inside one by one, cleaning them as I go. Then assemble and do a test and see how it responds.
Good luck!