It looks like it was a crawlspace that was excavated and the foundation extended with concrete block. Take care of the grading, gutters and downspouts before bringing contractors out to sell you things that aren't needed. Does the chimney have a cap on top? Got a better pic where the block meets the chimney behind the water heater? https://ift.tt/VNPwD9C
source https://www.inspectorsjournal.com/topic/19061-1900s-stone-foundation-wet-basement/?do=findComment&comment=175012
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