He was pronounced dead at the scene.
Police say they found drug paraphernalia inside the apartment, and investigators believe that may have been why the suspects pushed their way inside.
One neighbor tells Eyewitness news cars were frequently double-parked outside the house.
The owner of the home, who runs a transport company called Montego Van Service, subdivided the basement into three apartments.
No other basement tenants were injured.
No arrests were immediately made.