<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from
Johnstown/Consolidated Income Partners/2 1996 First Quarter 10-QSB and is
qualified in its entirety by reference to usch 10-QSB filing.
</LEGEND>
<CIK> 0000812431
<NAME> JOHNSTOWN/CONSOLIDATED INCOME PARTNERS/2
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               MAR-31-1996
<CASH>                                             495
<SECURITIES>                                         5
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0<F1>
<CURRENT-ASSETS>                                 2,186
<PP&E>                                             427
<DEPRECIATION>                                   2,288
<TOTAL-ASSETS>                                       0<F1>
<CURRENT-LIABILITIES>                                0
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         2,244
<OTHER-SE>                                       2,288
<TOTAL-LIABILITY-AND-EQUITY>                         0
<SALES>                                            108
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                       64
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                        44
<EPS-PRIMARY>                                      .63
<EPS-DILUTED>                                        0
<FN>
<F1>The Partnership has an unclassified balance sheet.
</FN>