40 Fay St #505
$689,000
1
Bed
1
Bath
691
Sqft
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$689,000
1
Bed
1
Bath
691
Living Area
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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.
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Highlights
- Area: South End
- Cooling: Central Air
- HOA Fee: $590
- Property Type: Condominium
- Total Rooms: 2
- Year Built: 2006
- Building Name: Gateway Terrace
- Heating: Forced Air
- Property Class: Residential
- Stories: 1
- Unit Number: 505
- Status: Active
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Additional Details
- Basement: N
- Exterior Features: Professional Landscaping
- Roof: Rubber
- Total Number of Units: 138
- Year Built Source: Public Records
- Construction: Brick, Stone
- Pets Allowed: Yes w/ Restrictions
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Cd
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, House of Worship
- Security Features: Intercom
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $655,200
- Compensation Based On: Gross/Full Sale Price
- HOA Fee Includes: Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- Taxes: $7,587
- Buyer Agent Compensation: 2%
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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