Yep, if it's an OM10E, and the pickup works, you'll have some fun with it, for sure, and that's a good price.
I took up learning the mando as another color for my palette with an '03 version of the OM10E I got as a Winter NAMM '04 special deal (50% of List) at my Local GAS Station. Chinese-made:
As you see, at that time the single coil pickup was mounted under the hood, which gave it's plugged-in sound more of an acoustic/electric guitar thing, picking up the body's tone and the strings indirectly. They started mounting it on top, I think, a year later, and having tinkered with one at the store, it's got more of a semi-hollow electric guitar character.
I learned enuff with it such that a year later, when my dealer got the '05 NAMM stuff in, I opted to trade it back to move up to this, a Korean-made '04Washburn M6SW, a/k/a the 'Jethro Burns' signature model, knocked off its perch as top-of-the-line a year later, and subsequently, discontinued:
^^
AXES: Fender '81 The STRAT, '12 Standard Tele, '78 Musicmaster Bass, '13 CN-240SCE Thinline; Rickenbacker '82 360-12BWB; Epiphone '05 Casino, '08 John Lennon EJ-160E; Guild '70 D-40NT; Ovation '99 Celebrity CS-257; Yamaha '96 FG411CE-12; Washburn '05 M6SW Mando, '08 Oscar Schmidt OU250Bell Uke; Johnson '96 JR-200-SB Squareneck Reso; Hofner '07 Icon B-Bass; Ibanez '12 AR-325. AMPS: Tech 21 Trademark 10; Peavey ValveKing Royal 8; Fender Acoustonic 90, Passport Mini, Mini Tonemaster; Marshall MS-2 Micro Stack; Behringer BX-108 Thunderbird; Tom Scholz Rockman. PEDALS/FX: Boss ME-50; Yamaha EMP100; Stage DE-1; Samson C-Com 16 L.R. Baggs ParaAcoustic D.I; MXR EQ-10.