As the original coils are still in there it’s a good indication the motor low hours. The points will likely just need some cleaning but the impeller will need to be replaced. Those look to be Wico coils. The lamination’s will require some major modification if where they pass through the coil is larger than 7/16″ on both sides. That style condenser is no longer available but there are creative solutions if you can get past these other 2 issues. As this motor has obviously been sitting for decades. Compression readings aren’t reliable as the rings may be stuck. Getting the motor running so today’s oil can clean and free them up often shows an increase in compression readings. Tubs
A "Boathouse Repair" is one thats done without having tools or the skills to do it properly.
