This guy is selling a couple of wonderful amps. See if he will sell you just one, and for how much. With either of these, you could skip the external phono stage and just plug into the amp. The 2250B is a powerful and dynamic performer.
http://philadelphia.craigslist.org/ele/1648995470.html

And another beauty...
http://reading.craigslist.org/ele/1658258410.html




Here's an old TT that would easily outperform your Technics. You could probably offer less than $50 and with a bit of love, you're gold. I am spinning with a similar type of table right now.
http://philadelphia.craigslist.org/ele/1627493305.html



I own this exact model, really nice little performer for the price...
http://southjersey.craigslist.org/ele/1647976308.html


Start with these barbarian. Let me know which way you want to go. If you want to get a TT also or not. From these results, jump on the 2230B for $100 and the Pioneer PL-516. We can discuss speakers once we know how much of your budget will be available. BTW, don't lowball but offer a bit less in each case. I have to say, the 2230B is worth the price if it's fully functional and clean, which it appears to be.