A vertical field effect transistor (VFET) with short channel length of 120nm, fabricated using organic-inorganic perovskite (CH3NH3PbI3) material shows the ambipolar properties and switches from P mode to N mode or vice versa, just by changing the polarity of applied bias. The operating voltage is as low as 0.5V, which allows it to be integrated with solar cell devices and hence having the possibility of battery less mobile gadgets. To ensure the quality of VFET with CH3NH3PbI3 as a channel length, different parameters have been extracted. The transistor efficiency (TE), mobility (µp), and transconductance (gm) in P mode, have been estimated as 14V-1, 1.5 cm2V-1 s-1 and 500±150µS, respectively. For N mode, these parameters have been found to be as 4V-1, 0.97 cm2V-1 s-1 and 60±10µS respectively. The hole and electron densities are found to be as ~1016cm-3 and ~1014cm-3 respectively which confirm the ambipolar nature of CH3NH3PbI3.