Gateway Terrace 40 Fay St, Boston, MA 02118
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$689,000
1 Bed
1 Bath
691 SQFT
0.02 Acre
$590 HOA

Property Description

Welcome to this stunning modern loft, ideally situated in Gateway Terrace, right in the heart of Boston’s vibrant South End. Nestled near the dynamic Ink Block neighborhood, this home offers unparalleled access to some of the city’s finest dining, a thriving art gallery scene, sports fields, dog parks, gyms, and the highly coveted Whole Foods Market. Flooded with natural light from expansive east-facing windows, this beautifully designed home features an open-concept layout with a sleek Siematic kitchen, outfitted with high-end Fisher & Paykel and Bosch stainless steel appliances. Enjoy polished concrete floors, granite countertops, gas cooking, in-unit washer/dryer, and generous closet space throughout. Located in a professionally managed, secure elevator building, residents also enjoy access to a beautifully landscaped common courtyard with a shared BBQ area, perfect for entertaining. Rental parking is available. In 2024 the building’s lobbies were beautifully renovated.

Property Details tap to expand

Amenities

  • Amenities: Highway Access, House of Worship, Medical Facility, Park, Public Transportation, Shopping, Tennis Court
  • Association Fee Includes: Elevator, Exterior Maintenance, Gas, Heat, Hot Water, Landscaping, Master Insurance, Refuse Removal, Reserve Funds, Security, Sewer, Snow Removal, Water

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 1

Other Rooms

  • Total Rooms: 2

Utilities

  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Cooling: Central Air
  • Cooling Zones: 1
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 691
  • Unit Building: 505
  • Unit Level: 5
  • Unit Placement: Upper
  • Security: Intercom
  • Floors: 1
  • Pets Allowed: No
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Gateway Terrace
  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 138
  • Number of Units Owner Occupied: 93
  • Owner Occupied Data Source: Management
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $590
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 2006
  • Style: Mid-Rise, Other (See Remarks), Split Entry
  • Construction Type: Brick, Stone/Concrete
  • Roof Material: Rubber
  • Lead Paint: Unknown
  • Warranty: No

Exterior & Grounds

  • Exterior Features: Professional Landscaping
  • Pool: No

Other Information

  • MLS ID# 73373614
  • Last Updated: 05/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/13/2025New$689,000$997MLSPIN

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Seller's Representative: Alan Duggan, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-05-13 11:12:00

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