<ARTICLE> 5
<CIK> 0000739710
<NAME> WELLESLEY LEASE INCOME LIMITED PARTNERSHIP II B
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                         406,700
<SECURITIES>                                    99,576
<RECEIVABLES>                                  101,849
<ALLOWANCES>                                    71,433
<INVENTORY>                                          0
<CURRENT-ASSETS>                               536,692
<PP&E>                                       1,344,054
<DEPRECIATION>                               1,264,738
<TOTAL-ASSETS>                                 616,008
<CURRENT-LIABILITIES>                           57,123
<BONDS>                                              0
<COMMON>                                    11,299,475
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                (10,740,590)
<TOTAL-LIABILITY-AND-EQUITY>                   616,008
<SALES>                                        286,750
<TOTAL-REVENUES>                               601,726
<CGS>                                                0
<TOTAL-COSTS>                                   22,957
<OTHER-EXPENSES>                               159,975
<LOSS-PROVISION>                              (48,160)
<INTEREST-EXPENSE>                               1,984
<INCOME-PRETAX>                                464,970
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            464,970
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   464,970
<EPS-PRIMARY>                                    16.04
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