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Off market
  • $3,823,000

    142 Spring St #146, Newport, RI 02840

    7beds
    7,990sqft
    MultiFamily
    Built in 1893
    -- sqft lot
    $3,823,000 Zestimate®
    $478/sqft
    $3,671 Estimated rent

    Home value

    $3,823,000

    $3.29M - $4.47M

    $3,671/mo

    Zestimate® history
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    Owner options

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    $3,671/mo

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    $3,671/mo

    Rent Zestimate®

    Refinance and save

    $18,552/mo

    Est. payment

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    $18,552/mo

    Est. payment

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    What's special

    "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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Forced air, Gas
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: In Units
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 7,990 sqft

    Property

    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 6,534 sqft
    Details
    • Parcel number: NEWPM024B0190

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Roof: Built-up
    Condition
    • Year built: 1893

    Utilities & green energy

    • Electric: Circuit Breaker, Individual Meter, 200 Amps
    • Sewer: Connected, Municipal

    Community & neighborhood

    Location
    • Region: Newport

    Other

    Other facts
    • BasementRoomsType: Storage Area, Utility, Work Shop
    • FinishedFloor: Hardwood, Wall to Wall Carpet, Ceramic
    • BasementFinish: Unfinished
    • Electric: Circuit Breaker, Individual Meter, 200 Amps
    • FoundationType: Slab, Stone, Concrete
    • Equipment: Dryer, Oven/Range, Refrigerator, Washer, Cable TV, Dishwasher, Microwave, Ceiling Fan, Hood, Garbage Disposal, Intercom, Carpeting
    • HeatingFuel: Gas
    • BasementAccess: Interior and Exterior
    • BasementType: Full
    • HotWater: Gas, Tankless, Tank
    • Exterior: Brick, Insulated Glass Windows, Patio, Deck
    • Near: Bus, Golf, Hospital, Marina, Private School, Public School, Shopping, Swimming, Tennis, Schools, Recreational Facilities
    • Laundry: In Units
    • Interior: Stairs, Skylight, Cathedral Ceilings
    • Wall: Dry Wall
    • Type: Up/Down, Apartment
    • LotDescription: Paved Driveway, Sidewalks, Paved Lot, Waterview
    • Plumbing: Mixed, Other
    • WaterAmenities: Walk To Water, Saltwater View, Walk to Salt Water
    • PropertyType: 2-4 Units Multi Family
    • Sewer: Connected, Municipal
    • Cooling: Wall Unit, Ductless AC, Central Air, Window Units
    • SubsidizedHousing: 0
    • HeatPaidBy: Mixed
    • UnderConstruction: 0
    • WaterSupply: Connected, Municipal
    • HeatingSystem: Forced Water, Baseboard, Forced Air, Gas Connected, Zoned, Central Air
    • Insulation: Walls, Ceiling, Floors
    • ApxHeatCost: Undetermined, Includes Hot Water
    • Historic: Local Historic District, National Register
    • TimeShareYN: 0

    Price history

    DateEventPrice
    11/12/2020Sold$2,536,000-15.3%$317/sqft
    Source: Public Record Report a problem
    8/5/2020Listed for sale$2,995,000+327.9%$375/sqft
    Source: Gustave White Sotheby's Realty #1260712 Report a problem
    7/9/2010Sold$700,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,109 $3,350,100 +6.9%
    2024-- $3,134,200 +58.1%
    2023-- $1,983,000

    Find assessor info on the county website

    Neighborhood: Historic Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,823,000
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    Estimated market value
    $3,823,000