Too good to be true?

Was browsing the local auto trader magazine when I stumbled on this 98 4dr DX sedan w/ 83,000 miles. Yes it has a lot of miles, but do you think I could buy, tune it up and sell it for more then the asking price? KBB says it retails for like 7k, that's a wee bit high, figuring their are EXs in here for that with 70,000... but even 4500 for it would give me a 1500 dollar profit. I'm looking to buy a 95 EX coupe to work on, but still need money. See this as a steal. What do you think. Scanned the ad, link here:

http://people.ne.mediaone.net/evan2/ad.jpg

-Evan