<ARTICLE> 5 <CIK> 0000760386 <NAME> WELLESLEY III-D 03/31/96 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> MAR-31-1996 <CASH> 478,316 <SECURITIES> 0 <RECEIVABLES> 317,760 <ALLOWANCES> 28,448 <INVENTORY> 0 <CURRENT-ASSETS> 767,628 <PP&E> 6,308,195 <DEPRECIATION> 4,018,544 <TOTAL-ASSETS> 3,063,378 <CURRENT-LIABILITIES> 129,885 <BONDS> 607,077 <COMMON> 8,988,039 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (6,661,623) <TOTAL-LIABILITY-AND-EQUITY> 3,063,378 <SALES> 451,315 <TOTAL-REVENUES> 658,013 <CGS> 0 <TOTAL-COSTS> 31,859 <OTHER-EXPENSES> 334,824 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 15,463 <INCOME-PRETAX> 275,867 <INCOME-TAX> 0 <INCOME-CONTINUING> 275,867 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 275,867 <EPS-PRIMARY> 12.80 <EPS-DILUTED> 0