As I said - only if you feel the Albin is a Classic and you really like restoring antiques.
The Hull probably is toast or near toast. You would need to do an awful lot of stripping off, inspecting and rebuilding and if you are not experienced in that sort of work it is likely beyond your current capabilities or will look awful after completed.
And that is just the first project.
Check out Pearson Triton #381 Glissando | Restoring, Maintaining, and Cruising a Plastic Classic on the Coast of Maine
for the restoration of the Pearson Triton. I am sure that Tim spent more restoring than the boat is worth. However it looks extreemely nice now and he used it to build a reputation for his current business.
One rule of thumb with old boats. The stuff you do see is usually a very good indication of the maintenance levels on the things you do not see - especially when the things you see are neglected.
There are a lot of nearly free boats on Eastern US coast that are in far better condition. Also a lot that are newer such that the gear on them may be salvageable.