Triplex improvements. Does it increase market value?

[Tony Velez]

Hi,

We bought a triplex in March 2016. Appraised at $225,000 we bought it for $198,000  needed a roof, and updating. We replaced the roof down to the plywood. Second floor tenant moved out whcih gave us a chance to completely update the unit. New bathroom, new kitchen, refinish hardwood floors. Thrid floor we updated bathroom and replaced kitchen sink and counters. We painted front porch and steps. 

My question is this. Does this work add to the property value for a triplex? We had our realtor do comps and it seems the house didnt add any value by doing this? 

Thanks

Tony