It probably can not match the linearity of a modern speaker. Nonetheless, it still may be OK. If it used ceramic capacitors, those might have changed values a lot over the years, so it may need some new caps.
At that pricing, it wouldn't be my first choice unless you wanted a vintage sound system. I would be looking at HECO Aurora 1000s or save up a bit more and get some Polk Reserve R700s. JBL HDI series can be had for pretty big discounts as well.