<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Johnstown Consolidated Income Partners/2 1996 Third Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000812431 <NAME> JOHNSTOWN CONSOLIDATED INCOME PARTNERS/2 <MULTIPLIER> 1,000 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 606 <SECURITIES> 0 <RECEIVABLES> 4 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 2,187 <DEPRECIATION> 466 <TOTAL-ASSETS> 2,381 <CURRENT-LIABILITIES> 0<F1> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 2,306 <TOTAL-LIABILITY-AND-EQUITY> 2,381 <SALES> 0 <TOTAL-REVENUES> 331 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 225 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 106 <EPS-PRIMARY> 1.55<F2> <EPS-DILUTED> 0 <FN> <F1>The Partnership has an unclassified balance sheet. <F2>Multiplier is 1. </FN>