How to make old home's damp basement LOOK (not feel) better?

[Emily Knowles]

Buying my first investment property to rent out. It's 95 years old so the basement feels damp. No visible water, probably just moisture coming in from the foundation. Mold on the floor/walls that I plan to get rid of with bleach/water/scrubbing. 

After cleaning and ending up with bare concrete on floor/walls, I want to paint all the walls with white Drylok and stain the floor with some type of gray concrete stain. Then seal it with some type of clear concrete sealant (like this ) 

I know it's old and will cost a lot of money to 100% waterproof it. I don't care if it continues feeling damp. It's just a basement used for storage anyway. 

What do the rest of you do to crappy basements to make them look/feel a little less haunted and disgusting?

[James Wise]

@Emily Knowles

Welcome to the site.

Painting with Dry lock is something we do pretty often.