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    142 Spring Street

    Newport, RI 02840
    • $2,995,000
    • STATUS: Active Under Contract
    • ON SITE: 56 days
    • MLS #: 1260615
    Under Contract
    UPDATED: 52 min ago
    $2,995,000
    • 7
      BEDS
    • 0.15
      ACRES
    • 5
      BATHS
    • 1
      1/2 BATHS
    • 7,988
      SQFT
    • $375
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1893
    County:
    Area:

    School Ratings & Info

    Description

    "The Telephone Building" is an historic building in downtown Newport constructed in the late 19th century in Beaux-Arts style. This iconic, one-of-a-kind property was designed by Boston architects Perkins & Betton, the team behind the famed King Block on Newport's storied Bellevue Avenue. The building's brick and limestone façade features dentil molding and a grand Palladian window. The property was sensitively restored and converted into a residential building consisting of a spectacular loft-style owner's unit and various income opportunities, thanks to its location in the General Business zone. The owner's unit is contemporary in feel, yet retains historic elements, abounding in repurposed materials, exposed brick, oversized windows, and artisanal encaustic cement tile inserts. A floating staircase leads from the loft to an intimate rooftop salon that opens to a dramatic deck and green-roof garden overlooking Trinity Church, downtown Newport, and the Newport Bridge and Harbor. This unit lends itself to a live/work lifestyle with a first floor space that is ideal for an at-home office or gym. Just above the three-bedroom, 2.5 bathroom owner's space is a separate and stylish one-bedroom space with roof deck access-perfect for extended family or Airbnb income. Finally, there is a two-bedroom first floor apartment with a cool mix of hardwood and polished concrete floors and its own Zen garden nestled in the back of the property, creating an urban oasis.

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    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-09-30T12:37:50.207.
    www.edgerealtyri.com/homes/108557080
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    142 Spring Street Newport, RI 02840

    • Price: $2,995,000
    • Status: Active Under Contract
    • Updated: 52 min ago
    • MLS #: 1260615
    7
    Beds
    5
    Baths
    1
    ½ Baths
    0.15
    Acres
    7,988
    SQFT
    $375
    $/SQFT
    1893
    Built
    Neighborhood:
    Historic Hill
    County:
    Newport
    Area:
    Newport
    Property Description
    "The Telephone Building" is an historic building in downtown Newport constructed in the late 19th century in Beaux-Arts style. This iconic, one-of-a-kind property was designed by Boston architects Perkins & Betton, the team behind the famed King Block on Newport's storied Bellevue Avenue. The building's brick and limestone façade features dentil molding and a grand Palladian window. The property was sensitively restored and converted into a residential building consisting of a spectacular loft-style owner's unit and various income opportunities, thanks to its location in the General Business zone. The owner's unit is contemporary in feel, yet retains historic elements, abounding in repurposed materials, exposed brick, oversized windows, and artisanal encaustic cement tile inserts. A floating staircase leads from the loft to an intimate rooftop salon that opens to a dramatic deck and green-roof garden overlooking Trinity Church, downtown Newport, and the Newport Bridge and Harbor. This unit lends itself to a live/work lifestyle with a first floor space that is ideal for an at-home office or gym. Just above the three-bedroom, 2.5 bathroom owner's space is a separate and stylish one-bedroom space with roof deck access-perfect for extended family or Airbnb income. Finally, there is a two-bedroom first floor apartment with a cool mix of hardwood and polished concrete floors and its own Zen garden nestled in the back of the property, creating an urban oasis.
    Exterior Features

    Architectural Style Historic/Antique Construction Materials DrywallBrickMasonry Covered Spaces 0 Exterior Features PatioBarbecuePaved Driveway Foundation Details Brick/MortarConcrete PerimeterStone Frontage Length 72 Garage YN No Parking Features None Parking Total 6 Patio And Porch Features Patio View Water View YN Yes Waterfront Features Walk To Water

    Interior Features

    Appliances DryerDishwasherExhaust FanDisposalGas Water HeaterMicrowaveOvenRangeRefrigeratorWasher Basement Exterior EntryFullInterior EntryUnfinished Basement YN Yes Below Grade Finished Area 0 Cooling DuctlessWall Unit(S)Wall/Window Unit(S)Central Air Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring CarpetCeramic TileHardwoodOther Heating BaseboardForced AirGasHot WaterZoned Interior Features BathtubCathedral Ceiling(S)SkylightsTub ShowerCable Tv Living Area 7988 Window Features Skylight(S)Thermal Windows

    Property Features

    Community Features MarinaNear HospitalNear SchoolsShoppingTennis Court(S) Electric 200+ Amp ServiceCircuit Breakers Land Lease YN No Operating Expense 0 Property Sub Type Single Family Residence Senior Community YN No Sewer ConnectedPublic Sewer Tax Annual Amount 12407 Tax Assessed Value 956100 Tax Lot 190 Tax Year 2021 Water Source ConnectedPublic Zoning Gb

    Listing information © 2020 State-Wide Multiple Listing Service.
    Listing provided courtesy of Gustave White Sotheby's Realty.





    © 2020 State-Wide Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange (IDX) program of the State-Wide MLS. Real estate listings held by brokerage firms other than Edge Realty RI are marked with the MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Edge Realty RI. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-09-30T12:37:50.207.
     
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    Edge Realty RI
    1007 Boston Neck Road
    Narragansett RI, 02882