Abstract: A furniture item of the type selectively positionable for use as a chair, ironing board or step ladder includes a telephone stand and/or a removably mounted child seat. Cooperatively positioned portions of the child seat and the furniture item prevent forward or rearward movement of the child seat. The telephone stand includes a support surface laterally adjacent and coplanar with the seat of the furniture item when positioned for use as a chair. A lower compartment for a telephone book, or the like, is supported between the legs of the item. A cover of the compartment includes a fixed rear section which forms the lower step when the item is positioned for use as a step ladder.