<ARTICLE> 5 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 934,701 <SECURITIES> 0 <RECEIVABLES> 8,299<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 536,452 <PP&E> 35,551,275<F2> <DEPRECIATION> (24,262,897)<F3> <TOTAL-ASSETS> 12,767,830 <CURRENT-LIABILITIES> 838,450 <BONDS> 16,707,392<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (4,778,012)<F5> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 12,767,830 <SALES> 0 <TOTAL-REVENUES> 3,500,390<F6> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,570,017<F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 679,996 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 2,206<F8> <CHANGES> 0 <NET-INCOME> 248,171<F9> <EPS-BASIC> 0<F9> <EPS-DILUTED> 0<F9> <FN> <F1>Includes all receivables grouped in "prepaid expenses and other assets" on the Balance Sheet. <F2>Multi-family complexes of $35,203,676 and deferred expenses of $347,599. <F3>Accumulated depreciation of $24,004,066 and accumulated amortization of deferred expenses of $258,831. <F4>Represents mortgage notes payable. <F5>Represents total deficit of the General Partners and Limited Partners of ($306,332)and ($4,471,680), respectively. <F6>Includes all revenue of the Partnership. <F7>Includes operating expenses of $1,436,205, real estate taxes of $361,497 and depreciation and amortization of $772,315. <F8>Includes minority interest of ($2,206). <F9>Net income allocated $2,482 to the General Partners and $245,689 to the Limited Partners. Average net income per Unit of Limited Partners interest is $7.86 on 30,000 Units outstanding. </FN>